ADDED and NWTN to expedite development of Abu Dhabi’s green automotive industry

  • Date: 11-Jul-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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ADDED and NWTN to expedite development of Abu Dhabi’s green automotive industry

The Abu Dhabi Department of Economic Development (ADDED) and NWTN Inc., an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world, have inked an agreement to train and provide job opportunities for UAE talent and develop the automotive industry as well as green economy. NWTN plans to build an integrated production line and expand its factory in Abu Dhabi in accordance with the highest industrial and sustainable standards. The Industrial Development Bureau (IDB), the ADDED’s arm to develop the industrial sector, and NWTN will cooperate to provide necessary training and professional development opportunities to Emirati talent, ensuring their successful integration into NWTN group companies. The two parties will also accelerate the development of modern automotive industry and means of transportation in the emirate of Abu Dhabi, foster an innovation community to contribute positively to automotive technology, and strengthen green economy’s frameworks. They will explore cooperation opportunities in advanced technologies, innovation, creativity, and research and development (R&D) in transportation industries which is one of the subsectors targeted by the Abu Dhabi Industrial Strategy. Rashed Abdulkarim Al Blooshi, Under-Secretary of ADDED, attended the signing ceremony of the agreement, which was signed by Arafat Al Yafei, Executive Director of